Welcome to the presentation

MANAGING PEOPLE

&

ORGANIZATIONS

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Group 3Dipanwita Dey 120305Priyanka Hui Chowdhury 120316Nusrat Jahan 120329Niaz Bhuian 120354

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Content

Case summaryCase solution

Question 1Question 2Question 3

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Summary

Lockheed Martin is one of the leading aeronautics contractor, maker & supplier for fighter Jets to U.S. & U.K. and other military force around the world.

Tom Burbage was the executive vice president & head of the firm. Under his executions the firm won a lucrative project offered by U.S. Department of Defense.

The success behind the firm was their organized management functions, effective managerial skills, supportive organizational environment.

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Question: 01Actions of Burbage & Lockheed managers exemplify

four fundamental functions of management

Planning Settled ultimate goal to gain $200 billion Anticipated problems & drawbacks about the project Preplanned the strategies & alternative action

Organizing Assigned Burbage as the head of the program Joined with rivals BAE & Northrup Grumman Shared 30% of financial & Strategic resources

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Question :01Actions of Burbage & Lockheed managers exemplify four

fundamental functions of management

Leading Focused on individual differences Recognized, motivated & rewarded people Inspired workforce to be self-motivated leaded subordinates with humanistic approach

Controlling Encountered an internal rift Identified high risk points Found effective solution for the issues

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Question: 02Managerial skills displayed by Burbage

Technical SkillsProduced an acceptable productDesigned a system for vertical lift for a large fighter jetUsed a technical way for motivating the workers

Interpersonal SkillsCommunicating with, understanding and motivating

individuals and groupsProviding extravagant rewards Negotiated with BAE and Northrup Grumman to

complete the project.

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Question: 02Managerial skills displayed by Burbage

Conceptual SkillsAbility to think in the abstractVision of completing the project within 40 years’ time

frame

Diagnostic Skills Identified the appropriate solution for specific problemUnderstood value of reward to individual that resulted

self-motivationEncountered an internal rift between two groups Identified high risk points

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Question: 03organizational & environmental challenges encountered by

the Lockheed JSF managers

Organizational challenges Workforce Expansion Required high technologies Intensive knowledge about employees Might faced lack of skilled employee

Work force diversity Diversified workers Challenge of pulling team together

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Question: 03organizational & environmental challenges encountered by

the Lockheed JSF managers

Organization Change significant organization change coordinate the costly and complex project build relationship with rivals.

Environmental Challenges Competitive Strategy pressure of unique demand of focus group Globalization Large customer groups around world

Like U.S. & U.K. military forces

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Any queries?

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